Wednesday, April 18, 2018

VAT is a regressive tax... but... what if?

All we ever hear is about the need of Fiscal Space so that Governments can have some flexibility

But oh so little about the need of People Space... some flexibility for the citizens.

So just letting an idea out!

Yes, VAT is a regressive tax... but what if?

It becomes one fundamental source of funds for a Universal Basic Income?

Or it is just shared out equally to all?

Yes I know, the redistribution profiteers might panic!

My Universal Basic Income